Webull vs Scope Markets

Webull vs Scope Markets Comparison Table 2023
Webull Review 2023	Scope Markets Review 2023
Review 4.4 Webull is #6 in our broker rankings.	Review 4.2 Scope Markets is #10 in our CFD broker rankings.
Traders from US accepted	Traders from US accepted
Webull is a US-regulated trading app that offers stocks, options, forex, cryptos, ETFs, fractional shares and more. The firm is authorized by the SEC and FINRA with a strong trust rating. Low fees, no minimum investment and generous bonuses have made the discount broker popular with online investors.	Scope Markets offers day trading and investing in multiple spot and CFD instruments. The group of brokers is regulated in several locations, including Belize, Kenya and South Africa. Users get competitive trading conditions, a range of payment methods, strong support and can get started in a few straightforward steps.
Bonus Offer
Up to 12 free fractional shares when you deposit $100	50% Deposit Bonus Up to $50,000. *Bonus promotions do not apply to all entities. Depending on the jurisdiction chosen to open an account with, different regulations apply.
Comment by Reviewer
"Webull is best for traders looking to buy and sell stocks on a user-friendly app with zero commissions."	"Scope Markets will appeal to traders seeking highly leveraged CFDs and spot investment products on the powerful MetaTrader 5 platform. The Scope Markets Group stands out for its range of trading tools and educational materials."
Pros
Respected brand with strong regulatory oversight Easy-to-use investment platform and mobile app No minimum deposit for beginners No commission or inactivity fees Smart Advisor for auto investing Promotions with free stocks Brokerage account plus IRA Fractional shares	Modern Scope Trader web platform with 50+ analysis tools and intuitive design Available in English, Spanish, Russian, Vietnamese & Chinese etc. A wide range of trading training courses and tutorials Regular market news, updates and webinars Multilingual, 24/5 customer support MT4 and MT5 platform integration Low commissions and fees Multi-regulated group
Cons
Day trading is limited for customers with less than $25,000 deposited High deposit and withdrawal wire fees for non-US residents Sometimes sudden changes in trading conditions	Regulatory scrutiny varies between countries Limited trading instruments
Instruments
Stocks, ETFs, options, cryptos, forex, ADRs, fractional shares, OTCs	Forex, Stocks, Commodities etc.
Demo Account
Yes	Yes
Minimum Deposit
$0	$50
Trading Platforms
Own	MT4 MT5
Payment Methods
ACH Transfer Automated Customer Account Transfer Service Wire Transfer	Credit Card Debit Card M-Pesa Mastercard Neteller Skrill Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 lots
Regulator
SEC, FINRA	CMA, FSC, FSCA
Margin Trading
Yes	Yes
Margin Rate
5.49% to 9.49%
STP Account
No	No
ECN Account
No	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS & Android	iOS & Android
Auto Trading
	Yes
Copy Trading
No	No
Social Trading
No	No
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$0
Islamic Account
No	Yes
Account Currencies
USD	USD EUR GBP
Stock Exchanges
Dow Jones Nasdaq	Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Deutsche Boerse Euronext FTSE UK Index Hong Kong Stock Exchange Japan Exchange Group Nasdaq SIX Swiss Exchange
Commodities
	Gold Natural Gas Oil Palladium Platinum Silver
CFD Trading
CFD trading not offered	Scope Markets clients can trade CFDs on a good selection of asset classes including forex, precious metals, energies, indices and global shares. The award-winning broker also offers a decent suite of educational materials and a YouTube channel to support aspiring traders.
Leverage
1:4	1:2000 (location dependent)
FTSE Spread
	0.4
GBPUSD Spread
	1.0
Oil Spread
NA	0.2
Stocks Spread
$0	Variable
Forex Trading
Webull offers a modest collection of 17 currencies, including majors like EUR/USD. Forex can be traded on the feature-rich investing app with real-time quotes and low spreads.	Scope Markets offers MT5 trading for a range of major, minor and exotic currency pairs with high leverage and a low starting deposit. Multilingual 24/5 support is also available to support forex traders.
GBPUSD Spread
0.4	1.0
EURUSD Spread
0.2	1.0
EURGBP Spread
0.4	1.0
Assets
15+	44
Cryptocurrency
Webull offers trading on popular cryptos like Bitcoin against the US Dollar. With 35+ tokens and premium analysis tools, traders can review market trends and identify opportunities in a few taps.	Go long or short on popular cryptos like Bitcoin, Ethereum and Ripple with leveraged CFDs and competitive spreads. Depending on the jurisdiction, different regulations apply. CFDs on cryptocurrencies are not offered in all jurisdictions.
Spread
Floating	Variable
Coins
BTC BCH BAT ETH LTC DOGE XLM EOS TRX XMR ZEC ETC ADADASH SHIB AVAX LUNA LINK UNI ALGO MATIC SISHI REM ATOM MANA FTM GRT SOL CRV LRC XTZ USDC AAVE ONE CRO YFI APE BNT COMP ENJ MKR AMP FIL ICP	BTC ETH LTC XRP XMR ZEC BCH DASH
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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